Why This Bubble Economy Keeps Going and Going

Tags: Free Markets, Protectionism and Free Trade

04/13/2020 Thorsten Polleit

Current global bailouts may put off global busts for quite some time. But they will weaken output and employment gains. People’s standard of living will stagnate or even fall, even in the short term. With this comes impoverishment and perhaps even social unrest.

Narrated by Daniella Bassi.

Original Article: “Why This Bubble Economy Keeps Going and Going“

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.